The urgency to operate in the United States or Canada has grown because of increasing global demand for crops
For decades, the world’s leading grain traders like Cargill and Bunge enjoyed an unparalleled advantage: their smaller North American competitors lacked the flexibility and diversity of a global operation, and their foreign rivals lacked access to the biggest and most stable exporters in the world. That’s about to change. Large U.S. and Canadian grain companiesForeign traders vying for piece of North American grain-handling sector
Glass is still half full for flush American farmers
Brian Roach scrawled a simple outlook for corn prices in a spiral notebook, with a line diving from the upper left hand corner to the lower right. Sitting in a hotel ballroom at the U.S. Department of Agriculture’s annual Agricultural Outlook Forum last week, the commodity broker predicted increasing supplies and weakening demand would slow
Mosaic cuts phosphate production
Fertilizer producer Mosaic Co. said Dec. 28 it will cut production of phosphate, a key nutrient used for crop production, because prices have fallen to unsustainable levels. The Minnesota-based company said it would cut its planned production of phosphate by 250,000 tonnes over the next three months, blaming economic uncertainty for a drop in prices.
Cyber-Savvy Farmer
